The Sensex is now at 16,291, down 201 points, and the Nifty is at 2865, down 66 points. 

-----------------------------------------------------------------------------------------------------------

Also Read   Related Stories News Now - Asian markets end down; Hang Seng slips 2% - Markets continue to trade weak - Markets off the day's lows - Metal, realty stocks weigh on markets - Ashok Leyland up 3% on three-fold sales jump - Sensex weak in early trades

Also Read   Related Stories News Now - Wall Street edges up as Greek deal awaited - FII-TO-FII: Grasim Ind traded at 5% premium - Sovereign debt sustainability a political issue: Subbarao - Airlines approach RIL to handle ATF services on their behalf - Coke posts 20% volume growth in India in Q4 More

The markets continue to trade weak this afternoon, with the realty, metal and IT sectors being the major culprits. The Sensex is down 154 points at 16,341 and the Nifty is lower by 48 points at 4,883.

Hindalco has weakened by 3.6% at Rs 150, Tata Motors has shed 2.8% at Rs 701 and HDFC has slipped 2.7% at Rs 2441. Jaiprakash Associates, Sterlite and Tata Steel are the other major losers.

On the other hand, ONGC has strengthened by 0.6% at Rs 1140 and ITC has added 0.5% at Rs 254.

The market breadth has turned negative. Out of 2,772 stocks traded on the BSE, there are 1,239 advancing stocks as against 1,454 declines.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Wall Street edges up as Greek deal awaited - FII-TO-FII: Grasim Ind traded at 5% premium - Sovereign debt sustainability a political issue: Subbarao - Airlines approach RIL to handle ATF services on their behalf - Coke posts 20% volume growth in India in Q4

Tags : markets | sensex | nifty | Hindalco   Read Business news in  Advertisements -  Get 5% cashback on telephone bills with Citi -  Earn fuel worth Rs.2400 with Citi -  Now property search gets more exciting than ever before! -  Office 365 for professionals and small businesses. -  Be part of it The World's Largest Aircraft. -  Only Developer to give a guarantee on time space & rate. -  Financial Learning now made easier and more convenient. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Hidden Outperforming Midcap Stocks After Third Quarter Results -   Introduce a New Automotive Luxury Car.. know more -  Making lives better through Social Innovation Business..